Over the years I have talked with countless chefs, bar managers
and even servers who have a dream: To own their own restaurant or bar. Most will never realize that dream
because they do not have the money. And, do not know how or where to get it. Over and over I hear:
If I could just get the money...
What they do not realize is that there are numerous people out there with money who want and even need to
invest. While not adverse to a short term tax write-off from startup costs, investors want to feel
confident that they will not lose their money and they will make a profit overall. These people are not big on the
"trust me" approach. They want to see a solid business plan that they can run past their accountant,
financial advisors, banker and even friends. Without a business plan with documented creditable research to
back it up potential investors can not evaluate the financial viability of your restaurant. The same applies to bank
and SBA loans. Without a well reasearched and prepared business plan it is highly unlikely that you will ever
find the funding for your dream.
Over 40% of new restaurants fail in the first year! Investors and lenders know this. A well researched and
thought out 5 year business plan can go a long way in keeping you out of that 40%. |
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It's a business plan, not a box of software! |
Normally It would take over 100 hours to research, and write a comprehensive business plan, if you
even know how to do it. Creating and compiling the five year financial plan and forecasts including 5 years of
budgets, income statements, balance sheets, cash flow analysis, and key financial ratio analysis adds many
more hours of work by you or your accountant.
With QuickPlan you simply edit and fill in the details of an already written and organized sample
restaurant business plan and outline. Whether you are starting a fine dining or fast
food restaurant, are looking for capital to open another restaurant, or want to sell your
multi restaurant chain, you will be able to edit this plan to fit your specific needs.
Documented research adds creditability to your plan... The Analysis which is included, is
written based upon current sources including the National Restaurant Associations' Food
Industry Analysis.
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